Strategic Partnerships Lead

Boston, MA, United States

General

Job Description & Person Specification

Job Title: Strategic Partnerships Lead - Cyber

Division : Cyber Risks

Reports To : As per Beazley's organisation chart

Key Relationships : External vendors (cyber incident response & cyber risk management), brokers, Procurement, Compliance, Underwriting, Underwriting Management, Claims.

Job Summary : To be responsible for the execution of a comprehensive strategic partnership program. This program will focus on fostering collaboration with internal and external partners, including Beazley Security, to support the achievement of key business objective within the Cyber Risks division. The role will involve identifying, establishing, and nurturing strategic alliances that align with the division's goals, ultimately contributing to the growth and success of the organization's cyber risk management initiatives.

FLSA: Exempt

Key Responsibilities:

Develop and implement a strategy to manage the Cyber Division's strategic relationships with external partners including but not limited to:

Close coordination with the Claims team to maintain a cohesive and effective global network of service providers that can support the Cyber Risks division objectives in managing and responding to cyber incidents worldwide

Managing all aspects of Beazley Response international panel vendors, as well as other service providers, for incident response-related work by ensuring (i) prudent and efficient panel management, (ii) onboarding and offboarding of vendors on a global scale, (iii) overseeing quality control & complaint management and (iv) fee structures and negotiations with partners across various regions.

Crafting and executing a comprehensive forward-looking strategy for global management of vendors within the Cyber Risks division such as (i) optimizing the divisions worldwide vendor relationships (ii) streamline processes and (iii) ensure the effective utilization of external resources to support the organization cyber risk management goals on a global scale

Working with the cyber claims team leadership to ensure that the global vendor management strategy remains aligned with the overall objectives and priorities of the cyber claims function

Working with the Underwriting Management team and other relevant internal stakeholders to manage all elements of Cyber Risk's relationships with third-party providers on a global scale. This includes managing providers who can offer cutting edge attack surface management solutions, cyber threat intelligence services and various cyber risk mitigation platforms and tool utilized worldwide. of attack surface management, cyber threat intel, and other cyber risk mitigation platforms and tools.

Developing global vendor partnerships for proactive risk management services (including the "RMO" program) for the benefit of Beazley insureds with an emphasis on providing opportunities for Beazley Security but always with the primary goal of ensuring the best outcome for Beazley's policyholders

Support other assignments within the Cyber Risks Business Management team, as require

The key responsibilities are intended to deliver the following outcomes:

Ensure Beazley possesses market-leading, competitive vendor solutions & services to supplement Beazley's insurance offerings.

Ensure Beazley's cyber offerings can adapt to changing demands and in particular in response to material catastrophic cyber developments such as systemic cyber attacks, software vulnerabilities

Ensure Beazley Security is given the opportunity to develop broad relationships with Beazley's policyholders.

Ensure competing broker cyber offerings in the incident response and risk management space are monitored and potentially incorporated where not to the detriment of Beazley or Beazley Security's own offerings

General

It is important that within all your interactions both internally and externally you adhere to Beazley's core values - Being Bold, Striving for Better, and Doing the Right Thing - as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers. We also expect Beazley employees to:

Comply with Beazley procedures, policies and regulations including the code of conduct, which incorporates the PRA and FCA Conduct.

Undertake training on Beazley policies and procedures as delivered by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system.

Display business ethics that uphold the interests of all our customers.

Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.

Comply with any specific responsibilities necessary for your role as outlined by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley's underwriting control standards, Beazley's claims control standards, other Beazley standards and customer relationship management.

Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups.

Personal Specification:

Education & Qualifications

Graduate equivalent education and/or qualifications

Post-graduation work experience a plus

Industry certifications related to information security or privacy a plus

Skills & Abilities

Experience with managing vendors in the forensic, legal, public relations and/or cyber security solutions.

Experience with handling incident response matters and knowledge of claim handling procedures

Experience with technology that can help automate and replace manual processes

Good understanding of the drivers of insurance markets

Good understanding of the financial drivers of insurance companies

Quantitative and financial modelling would be advantageous

Ability to think through the long-term impact of potential options

Excellent report presentation skills allowing for the clear presentation of key facts

Knowledge

Experience with managing vendors in the forensic, legal, public relations and/or cyber security solutions.

Experience with handling incident response matters and knowledge of claim handling procedures

Experience with technology that can help automate and replace manual processes

Good understanding of the drivers of insurance markets

Good understanding of the financial drivers of insurance companies

Quantitative and financial modelling would be advantageous

Ability to think through the long-term impact of potential options

Excellent report presentation skills allowing for the clear presentation of key facts

Aptitude & Disposition

Shows initiative and self-motivated

Interested in understanding and helping others

Outcome focused

Competencies

Managing resources effectively

Technical competence

Self-motivated

Collaboration on teams

Knowledge management and knowledge mining

Problem solving

Purposeful communication

Broad-based thinking

Business Awareness / Corporate Thinking

Creativity / Innovation

Salary for this role will be tailored to the successful individual's location and experience. The expected compensation range for this position is 90k - 120k USD per year plus discretionary annual bonus. You will be able to discuss your salary expectations should you be contacted about this role.

This document is subject to review after consultation with your Manager.